FHiN
ActiveSummary
The computed 12-month bankruptcy probability of FHiN is 3.2% (moderate). The 2025 annual accounts show equity of €20k and a net result of €17k. Its solvency ranks better than 19% of 1851 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
40
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability66
Solvency39
Growth-
Track record67
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.16; short-term debt: 86.5% and cash: 0.2% of total assets), and 86.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13.5%
Return on assets
11.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 1851 sector peers (2025).
NBB · sector comparisonPosition among 1851 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2025
27 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, abbreviated schema
Equity
€20k
Total assets
€147k
Net result
€17k
Working capital
€20k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Equity and liabilities €147k
Equity
€20k
Debt
€127k
Debt finances 86.5% of the balance-sheet total.
Key figures and ratios
Current ratio
1.16
Debt to equity
6.39
ROE
84.9%
ROA
11.5%
Debt ≤ 1 year
€127k
Income taxes
€5k
Filed annual accounts As filed with the NBB · 2025 · 27 lines
Balance sheet
Code2025
Assets
Total assets20/58€147k
Current assets29/58€147k
Amounts receivable within one year40/41€147k
Trade receivables40€127k
Other amounts receivable41€19k
Cash at bank and in hand54/58€318
Equity and liabilities
Total equity and liabilities10/49€147k
Equity10/15€20k
Contributions10/11€3k
Profit (loss) carried forward14€17k
Amounts payable17/49€127k
Amounts payable within one year42/48€127k
Trade debts44€36k
Suppliers440/4€36k
Advances received on contracts in progress46€86k
Taxes, remuneration and social security45€5k
Taxes450/3€5k
Income statement
Code2025
Other operating charges640/8€3k
Gross operating margin9900€25k
Operating profit (loss)9901€22k
Financial charges65/66B€489
Recurring financial charges65€489
Profit (loss) for the period before taxes9903€22k
Income taxes67/77€5k
Profit (loss) for the period9904€17k
Profit (loss) for the period to be appropriated9905€17k
Appropriation of the result
Profit (loss) to be appropriated9906€17k
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
11-09
State Gazette act
Resignation: Wahidi Farzad (director)Director discharge · Registered-office move3 facts ▸
State Gazette act
Resignation: Wahidi Farzad (director)
Director discharge · Registered-office move3 facts ▸
- Director resignation, Wahidi Farzad (director)
- Director discharge, Wahidi Farzad
- Registered-office move, Eedverbondkaai 242, 9000 Gent
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
State Gazette actNBB filing
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
03-09-2025
Resigned as Director
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2024
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Eedverbondkaai 2429000 GentGround area
1,913 m²
Building footprint
1,005 m²
Volume, LiDAR
8,687 m³
2 parcels, Flanders · tallest building 20.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FHiN
since 20242.366.236.905
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44809I0826/00R000 | Flanders | 1,794 m² | 1 · 901 m² | 20.1 m · 1 fl. |
| 44082B0172/00C008 | Flanders | 119 m² | 1 · 104 m² | 10.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BLS GROUP
BE 0721.558.254
Jette · Eq €19,790
CO TRANSPORT & MOVING
BE 0646.978.815
Beersel · Eq €19,624
ROYAL LIFT
BE 0798.222.995
Sint-Jans-Molenbeek · Eq €20,207
K2 POINT
BE 0759.523.262
Etterbeek · Eq €19,291
S TRANSPORT
BE 0769.973.726
Antwerpen · Eq €19,224
Of 996 companies in sector 49420 we hold annual accounts for 450. 290 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-07-2024
Fiscal year end31-12
Activities, NACEBEL 2025
49420Removal services
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.